Lafarge announces the sale of its Cement Operations in Honduras

NYSE Euronext Paris : LG

09.03.2013

Lafarge announces the sale of its cement operations in Honduras to Cementos Argos for a total enterprise value of €435 million (€232 million for the share of Lafarge1). This enterprise value represents a 2012 EBITDA multiple of 8.6.

Sold assets comprise an integrated cement plant with a capacity of 1 million tons and a grinding station with a 0.3 million tons capacity.

A world leader in building materials, Lafarge employs 65,000 people in 64 countries, and posted sales of €15.8 billion in 2012. As a top-ranking player in its Cement, Aggregates and Concrete businesses, it contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected. With the world's leading building materials research facility, Lafarge places innovation at the heart of its priorities in order to contribute to more sustainable construction and to better serve architectural creativity. Since 2010, the Lafarge Group has been part of the Dow Jones Sustainability World Index, the first global sustainability benchmark in recognition of its sustainable development actions.

In 2050, 70% of the world population will live in cities, twice as many as there were in 1970. Whether large, medium or small, whether in mature or emerging countries, cities are central to the challenges facing the planet. To improve cities, Lafarge contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected.

A world leader in building materials, Lafarge, a member of LafargeHolcim Group, employs 63,000 people in 61 countries, and posted sales of €12.8 billion in 2014. As a top-ranking player in its Cement, Aggregates and Concrete businesses, it contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected. With the world’s leading building materials research facility, Lafarge places innovation at the heart of its priorities in order to contribute to more sustainable construction and to better serve architectural creativity.